NYSE:ERO Ero Copper (ERO) Stock Forecast, Price & News $17.29 +0.21 (+1.23%) (As of 11:38 AM ET) Add Compare Share Share Today's Range$17.22▼$17.7250-Day Range$16.80▼$24.0352-Week Range$9.56▼$24.38Volume59,526 shsAverage Volume123,012 shsMarket Capitalization$1.62 billionP/E Ratio20.10Dividend YieldN/APrice Target$24.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ero Copper MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside37.6% Upside$24.00 Price TargetShort InterestBearish2.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth94.39%From $1.07 to $2.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsBasic Materials Sector101st out of 169 stocksPrivate Households Industry1st out of 5 stocks 3.0 Analyst's Opinion Consensus RatingEro Copper has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Ero Copper has a forecasted upside of 37.6% from its current price of $17.44.Amount of Analyst CoverageEro Copper has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted2.98% of the float of Ero Copper has been sold short.Short Interest Ratio / Days to CoverEro Copper has a short interest ratio ("days to cover") of 16.4, which indicates bearish sentiment.Change versus previous monthShort interest in Ero Copper has recently increased by 11.98%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEro Copper does not currently pay a dividend.Dividend GrowthEro Copper does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERO. Previous Next 1.8 News and Social Media Coverage News SentimentEro Copper has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Ero Copper this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for ERO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ero Copper insiders have not sold or bought any company stock.Percentage Held by Institutions52.86% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ero Copper are expected to grow by 94.39% in the coming year, from $1.07 to $2.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ero Copper is 20.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Ero Copper is 20.28, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.32.Price to Book Value per Share RatioEro Copper has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ero Copper (NYSE:ERO) StockEro Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company engages in the production and sale of copper concentrate from the Caraíba operations, located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver by-products. It also holds a 99.6% interest in the Tucumã project, a copper development project located within southeastern Pará state; and holds a 97.6% interest in the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.Read More ERO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERO Stock News HeadlinesSeptember 7, 2023 | markets.businessinsider.comFirst Quantum Minerals (FQVLF) was upgraded to a Buy Rating at BMO CapitalAugust 14, 2023 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Ero Copper Corp.'s (TSE:ERO) Stock?September 29, 2023 | PressReach (Ad)Uranium Prices Surge as Nuclear Energy Becomes KeyRenewed interest in uranium and rising prices have created a favorable environment for new projects.August 9, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Freeport-McMoRan, Ero Copper, Energy Fuels and CoeurAugust 4, 2023 | seekingalpha.comEro Copper Non-GAAP EPS of $0.24, revenue of $104.9M misses by $4.18MAugust 3, 2023 | finance.yahoo.comEro Copper Reports Second Quarter 2023 Operating and Financial ResultsAugust 3, 2023 | finance.yahoo.comEro Copper Corp. (ERO) Beats Q2 Earnings EstimatesJuly 31, 2023 | baystreet.caAI Ventures, Ambari, Cameco at 52-Week HighsSeptember 29, 2023 | PressReach (Ad)Uranium Prices Surge as Nuclear Energy Becomes KeyRenewed interest in uranium and rising prices have created a favorable environment for new projects.July 6, 2023 | finance.yahoo.comEro Copper to Release Second Quarter 2023 Financial and Operating Results on August 3, 2023June 9, 2023 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.25%June 9, 2023 | markets.businessinsider.comBarclays Sticks to Their Hold Rating for Ero Copper (ERO)June 8, 2023 | ca.finance.yahoo.comStocks in play: Ero Copper CorpJune 7, 2023 | seekingalpha.comEro Copper: Strong Prospects But Shares May Become CheaperMay 24, 2023 | msn.comTSX, TX60, and JX Close Lower; Filo Mining Corp, Ivanhoe Electric Inc, and Ero Copper Corp Worst PerformersMay 12, 2023 | finance.yahoo.comEro Copper Files Technical Report for the Xavantina OperationsMay 11, 2023 | seekingalpha.comEro Copper Corp. 2023 Q1 - Results - Earnings Call PresentationMay 9, 2023 | msn.comEro Copper Non-GAAP EPS of $0.24, revenue of $101M misses by $0.16MMay 1, 2023 | finance.yahoo.comEro Copper (TSE:ERO) Is Looking To Continue Growing Its Returns On CapitalApril 21, 2023 | theglobeandmail.comClosing Bell: Ero Copper Corp down on Friday (ERO)April 20, 2023 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Ero Copper Corp. (ERO) StockApril 18, 2023 | markets.businessinsider.comWheaton Precious Metals (WPM): New Buy Recommendation for This Basic Materials GiantApril 11, 2023 | finance.yahoo.comEro Copper to Release First Quarter 2023 Financial and Operating Results on May 8, 2023April 6, 2023 | markets.businessinsider.comBarclays Releases a Hold Rating on Ero Copper (ERO)April 6, 2023 | finanznachrichten.deEro Copper Corp.: Ero Copper Demonstrates Significant Near-Term Growth in Updated 5-Year OutlookApril 5, 2023 | finance.yahoo.comEro Copper Demonstrates Significant Near-Term Growth in Updated 5-Year OutlookApril 1, 2023 | benzinga.comRaymond James Maintains Outperform on Ero Copper, Raises Price Target to C$25See More Headlines Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address ERO Company Calendar Last Earnings8/03/2023Today9/29/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Private households Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:ERO CUSIPN/A CIK1853860 Webwww.erocopper.com Phone(604) 449-9244Fax604-398-3767Employees2,864Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+37.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.86 Trailing P/E Ratio20.28 Forward P/E Ratio16.30 P/E GrowthN/ANet Income$101.83 million Net Margins19.50% Pretax Margin24.67% Return on Equity12.45% Return on Assets5.85% Debt Debt-to-Equity Ratio0.63 Current Ratio2.00 Quick Ratio1.71 Sales & Book Value Annual Sales$426.40 million Price / Sales3.82 Cash Flow$1.44 per share Price / Cash Flow12.13 Book Value$5.88 per share Price / Book2.97Miscellaneous Outstanding Shares93,430,000Free FloatN/AMarket Cap$1.63 billion OptionableNot Optionable Beta1.20 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. David Maxwell Strang (Age 55)CEO & Director Comp: $1.26MMr. Makko DeFilippoPres & COOMr. Wayne DrierChief Financial OfficerMr. Michel RichardChief Geological OfficerMs. Courtney R. B. Lynn (Age 42)Sr. VP of Corp. Devel., Investor Relations & Sustainability Mr. Deepk HundalSr. VP, Gen. Counsel & Corp. Sec.Mr. Eduardo de Come (Age 57)Chief Exec. Officer of Ero Brazil Mr. Emilio SarnoVP of Asset ManagementMore ExecutivesKey CompetitorsHudbay MineralsNYSE:HBMStepanNYSE:SCLIngevityNYSE:NGVTAndersonsNASDAQ:ANDEFirst Majestic SilverNYSE:AGView All CompetitorsInstitutional OwnershipRoyal Bank of CanadaBought 125,819 shares on 8/15/2023Ownership: 0.174%CIBC Asset Management IncBought 7,906 shares on 8/15/2023Ownership: 0.085%State of Tennessee Treasury DepartmentBought 21,289 shares on 8/15/2023Ownership: 0.023%Alliancebernstein L.P.Sold 982 shares on 8/15/2023Ownership: 0.012%Citadel Advisors LLCSold 21,800 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions ERO Stock - Frequently Asked Questions Should I buy or sell Ero Copper stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks. What is Ero Copper's stock price forecast for 2023? 4 equities research analysts have issued 12 month price objectives for Ero Copper's shares. Their ERO share price forecasts range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts. How have ERO shares performed in 2023? Ero Copper's stock was trading at $13.75 at the beginning of the year. Since then, ERO shares have increased by 26.8% and is now trading at $17.44. View the best growth stocks for 2023 here. Are investors shorting Ero Copper? Ero Copper saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,430,000 shares, an increase of 12.0% from the August 31st total of 2,170,000 shares. Based on an average daily volume of 147,800 shares, the short-interest ratio is presently 16.4 days. Currently, 3.0% of the company's stock are short sold. View Ero Copper's Short Interest. When is Ero Copper's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our ERO earnings forecast. How were Ero Copper's earnings last quarter? Ero Copper Corp. (NYSE:ERO) released its quarterly earnings data on Thursday, August, 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. The company earned $104.90 million during the quarter, compared to analysts' expectations of $109 million. Ero Copper had a trailing twelve-month return on equity of 12.45% and a net margin of 19.50%. What is Ero Copper's stock symbol? Ero Copper trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERO." How do I buy shares of Ero Copper? Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ero Copper's stock price today? One share of ERO stock can currently be purchased for approximately $17.44. How much money does Ero Copper make? Ero Copper (NYSE:ERO) has a market capitalization of $1.63 billion and generates $426.40 million in revenue each year. The company earns $101.83 million in net income (profit) each year or $0.86 on an earnings per share basis. How many employees does Ero Copper have? The company employs 2,864 workers across the globe. How can I contact Ero Copper? Ero Copper's mailing address is 625 Howe Street Suite 1050, Vancouver A1, V6C 2T6. The official website for the company is www.erocopper.com. The company can be reached via phone at (604) 449-9244, via email at info@erocopper.com, or via fax at 604-398-3767. This page (NYSE:ERO) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ero Copper Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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